Given the bearish structure, lower highs (H) and lower lows (L), and the formation of a resistance line, we can expect the price to move downward toward the demand zone.
The price may react to the demand zone.
A 4-hour candle closing above the invalidation level will invalidate this analysis.
invalidation level: 100284$
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
The price may react to the demand zone.
A 4-hour candle closing above the invalidation level will invalidate this analysis.
invalidation level: 100284$
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔥 See hot signals and top analyzes on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.